Over the years I have run into people that have multiple leaves but separate piles for each leaf. In other words, they have multiple advisors to help them manage their assets. The reasoning they explain in having multiple advisors is that they are trying to "diversify" their risk. For some, that risk is the potential "bad egg" advisors that are out there (Madoff's a prime example of why people... READ MORE

As we often create and implement financial plans, we find that estate planning is by far the most difficult action item to mark "complete." Yes, it's a morbid subject that no one is eager to discuss, however, it's very important to address for everyone, regardless of your net worth. The probate process here in Texas is typically quicker and less costly than in many other states. However, it's... READ MORE